Sub Word2Textile()
    
    Application.ScreenUpdating = False
    
    ConvertItalic
    ConvertBold
   
    ConvertLists
    
    ' Copy to clipboard
    ActiveDocument.Content.Copy
    
    Application.ScreenUpdating = True
End Sub
 

 
Private Sub ConvertBold()
    ActiveDocument.Select
    
    With Selection.Find
    
        .ClearFormatting
        .Font.Bold = True
        .Text = ""
        
        .Format = True
        .MatchCase = False
        .MatchWholeWord = False
        .MatchWildcards = False
        .MatchSoundsLike = False
        .MatchAllWordForms = False
        
        .Forward = True
        .Wrap = wdFindContinue
        
        Do While .Execute
            With Selection
                If InStr(1, .Text, vbCr) Then
                    ' Just process the chunk before any newline characters
                    ' We'll pick-up the rest with the next search
              .Font.Bold = False
                    .Collapse
                    .MoveEndUntil vbCr
                End If
                                       
                ' Don't bother to markup newline characters (prevents a loop, as well)
                If Not .Text = vbCr Then
                    .InsertBefore "*"
                    .InsertAfter "*"
                End If
                
                .Font.Bold = False
            End With
        Loop
    End With
End Sub
 
Private Sub ConvertItalic()
    ActiveDocument.Select
    
    With Selection.Find
    
        .ClearFormatting
        .Font.Italic = True
        .Text = ""
        
        .Format = True
        .MatchCase = False
        .MatchWholeWord = False
        .MatchWildcards = False
        .MatchSoundsLike = False
        .MatchAllWordForms = False
        
        .Forward = True
        .Wrap = wdFindContinue
        
        Do While .Execute
            With Selection
                If InStr(1, .Text, vbCr) Then
                    ' Just process the chunk before any newline characters
                    ' We'll pick-up the rest with the next search
                    .Font.Italic = False
                    .Collapse
                    .MoveEndUntil vbCr
                End If
                                       
                ' Don't bother to markup newline characters (prevents a loop, as well)
                If Not .Text = vbCr Then
                    .InsertBefore "_"
                    .InsertAfter "_"
                End If
                
                .Font.Italic = False
            End With
        Loop
    End With
End Sub
 

 
Private Sub ConvertLists()
   Dim para As Paragraph
    For Each para In ActiveDocument.ListParagraphs
        With para.Range
            .InsertBefore " "
            For i = 1 To .ListFormat.ListLevelNumber
                If .ListFormat.ListType = wdListBullet Then
                    .InsertBefore "*"
                Else
                    .InsertBefore "#"
                End If
            Next i
            .ListFormat.RemoveNumbers
        End With
    Next para
End Sub